Company Overview - Silgan Holdings is a leading supplier of rigid packaging for consumer goods, operating 113 manufacturing facilities across North and South America, Europe, and Asia [9] - The company is the largest metal-container supplier for food products in North America, with a diverse product line that includes steel and aluminum containers for human and pet food, custom-designed plastic containers, and various closures for food and beverage products [9] Investment Ratings - Silgan Holdings currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of A, indicating a solid overall performance [10] - The company has a Value Style Score of B, supported by attractive valuation metrics such as a forward P/E ratio of 13.72, which may appeal to value investors [10] Earnings Estimates - For fiscal 2024, one analyst has revised their earnings estimate upwards in the last 60 days, with the Zacks Consensus Estimate increasing by $0 to $3.66 per share [10] - Silgan Holdings has an average earnings surprise of 3.6%, suggesting a potential for positive earnings performance [10] Conclusion - With a strong Zacks Rank and favorable Value and VGM Style Scores, Silgan Holdings is positioned as a noteworthy option for investors [11]
Here's Why Silgan Holdings (SLGN) is a Strong Value Stock